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Company News: Lydian International
Updated: 31 Jan 2012

Lydian International is a mineral exploration and development company with expertise and a proven track record in discovering and developing new gold projects in unfamiliar and frontier settings.


Lydian’s Amulsar gold project in Armenia was discovered in 2006 and currently hosts a global CIM compliant resource of 3.2M ounces gold at 1.0 grams per tonne gold. This resource update comprises a total of 1.7 million ounces gold in the indicated category and 0.6 million ounces gold in inferred category (using a 0.4g/t cut-off) from the contiguous Tigranes and Artavasdes areas and 0.5 million ounces gold in the indicated category and 0.4 million ounces inferred category from the Erato prospect which is located approximately 900 meters to the north of Tigranes-Artavasdes.


Lydian is also actively exploring elsewhere in Armenia and in other prospective regions of Eastern Europe where it is building and maintaining a promising portfolio of early stage pipe-line projects.

Business Category Exploration; Mining
Regions of Operation Europe; Central and Northern Asia
Exchange Ticker TSX : LYD
 

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